News Summary

REX Shares and Tuttle Capital Management have announced the execution of reverse share splits for three of their ETFs: T-REX 2X Inverse NVIDIA Daily Target ETF, T-REX 2X Inverse Tesla Daily Target ETF, and T-REX 2X Inverse ETHER Daily Target ETF. Each fund will undergo a 1-for-20 reverse split, effective after the close of markets on October 28, 2025. This corporate action will adjust the number of issued and outstanding shares while maintaining the total market value of shares held by investors, except for fractional shares, which will be redeemed for cash. The splits will not result in a taxable transaction, aside from possible taxation on the redemption of fractional shares. These strategic adjustments aim to provide more efficient investment tools for traders.